reo: Didn't you Read My Cover Letter Telling The Seller About My Buyers?
- 09/06/10 01:01 PM
Yes I read the letter and your Buyers sound like wonderful people but the seller accepted another offer. This was a little bit of a short conversation I had with a agent last week as I had to inform her that her clients were not the highest offer in a multiple offer situation on one of my REO (real estate owned) listings in Murrieta California. She wanted to explain why her clients should have gotten their offer accepted.as they really wanted this home and are good people but I reminded her of the multiple offers and it was no BS as I only (16 comments)

reo: Owner Occupants get the First Chance to Purchase Homes Through the Fannie Mae First Look Program.
- 09/04/10 01:18 PM
Many home buyers have become frustrated recently as they try to purchase a home as the foreclosure market has resulted in a market that produces multiple offers. Many a buyer has lost out to Investor buyers or folks who are paying cash and what they want is a home for their family and a fair chance to get an offer accepted by the selling bank or institution. Fannie Mae has recognized this so they have rolled out a program to address the problem and to give Owner Occupants the first opportunity to make offers on their REO (Real Estate Owned) properties.(8 comments)

reo: The Voiceless Victims of Foreclosure.
- 07/08/10 08:41 AM
The foreclosure rate has increased dramatically all across America over the past few years. That is no secret and each and every one of them is a heart wrenching experience for the folks who have to go through it. People have lost their jobs or experienced health issues that caused them to lose their home and in the process tough decisions have to be made. The victim of foreclosure that is often overlooked is the pets of families that are facing foreclosure. Many times the family will be moving into a rental house or apartment that doesn't allow pets or they may (47 comments)

reo: Buying a Foreclosed Property in Murrieta Ca.? Read the Banks Real Estate Sales Addendum.
- 06/23/10 01:21 PM
Purchasing a Bank Owned Foreclosure, another term is REO, property is very different in many ways than a standard purchase. The sale will still proceed to escrow and Title Insurance, escrow instructions, funds deposited into escrow and things such as this will be the same. In a lot of ways things will be the same but buyers and their agents need to read the sellers addendum's and become familiar with them at the very beginning when your offer is accepted. When your offer is accepted the seller will generate their own Real Estate Addendum with the terms spelled out in it. These (11 comments)

reo: Please Remind Me Again Why Old Skool Open Houses Don't Work. I'm A Slow Learner.
- 06/05/10 03:51 PM
Today I went and did a stupid old skool marketing thing and held a Open House in Murrieta California. With the technology we have today such as the Internet, websites and YouTube videos many real estate agents think agents like myself are dinosaurs and need to get into the Modern world. My opinion is why not combine the new with the old as then you have more weapons in the marketing arsenal. Anyway today I held an open house in the gate guarded community of Bear Creek in Murrieta from 11 until 4. There were 18 folks who came through the (12 comments)

reo: Vacant Homes and the U.S. Census Bureau: Have You Been Called?
- 05/14/10 01:56 PM
This week I was called by a lady with the U.S. Census Bureau on one of my REO, bank owned, listings in Murrieta California. The lady caller identified herself and wanted to know if I would answer a few questions for her. Hmmmmm. I told her maybe but first of all asked why she was calling me. She called the number on my sign as there was no answer to her knock on the door. I explained the home had been foreclosed by the bank and it was vacant. She then asked who lived in the home. Duh!!!! I just told (12 comments)

reo: Buying a Foreclosure Property in Murrieta California: Be Patient and Don"t Blame Your Agent.
- 05/10/10 03:04 PM
Many people are purchasing Foreclosed Homes, also known as Bank Owned or REO, in Murrieta California and the surrounding cities of Temecula and Menifee California. Many of them are great deals and if priced well there is no doubt they will receive multiple offers. It can be frustrating as a buyer to wait for a response to your offer but lets look at the reasons. My partner and I list many of these homes and it's almost daily we get a call from agents who are anxious to get an answer for their client. Many times they will state their client (13 comments)

Disclaimer: ActiveRain, Inc. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site.
These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them
make an informed decision when buying or selling a house. ActiveRain, Inc. takes no responsibility for the content in these profiles,
that are written by the members of this community.